Pending
Sale Pending at 29395 Avenida La Paz, Cathedral City, CA 92234 | MLS# 26636901PS | Listing updated on 2026-08-29
Photo 1 of Sale Pending at 29395 Avenida La Paz, Cathedral City, CA 92234 | MLS# 26636901PS | Listing updated on 2026-08-29
Photo 2 of Sale Pending at 29395 Avenida La Paz, Cathedral City, CA 92234 | MLS# 26636901PS | Listing updated on 2026-08-29
Photo 3 of Sale Pending at 29395 Avenida La Paz, Cathedral City, CA 92234 | MLS# 26636901PS | Listing updated on 2026-08-29
Photo 4 of Sale Pending at 29395 Avenida La Paz, Cathedral City, CA 92234 | MLS# 26636901PS | Listing updated on 2026-08-29
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Listed by: Miguel Briones (760) 844-7500 DRE #01705617, Issac Briones DRE #02180608 | HomeSmart (760) 844-7500

$850,000

Monthly Est:$4,231

  • Beds Icon7 Beds
  • Beds Icon
    5 Baths
  • Beds Icon4,442sqft

29395 Avenida La Paz, Cathedral City, CA 92234

$4,231/moEst:

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  • Multi Family

  • Built in 1990

  • $-- HOA

  • 8,276 sqft lot

  • $191/sq.ft

Description

Rare opportunity to own a vacant triplex at 29395 Avenida La Paz in Cathedral City delivered vacant and ready to rent at current market rates from day one! Unit mix includes two 3BD/2BA units and one 2BD/1BA unit with a bonus room, plus two separate 2-car garages adding tremendous tenant appeal. With strong rental demand across the Coachella Valley, the 3BD/2BA units have a rental potential of $2,500$3,500/month each and the 2BD/1BA with bonus room commanding $1,500$2,300/month this property has a potential gross monthly income of $6,500$10,300/month. Perfect for the seasoned investor looking to add a cash flowing asset to their portfolio, a first time investor ready to get into the market, or an owner-occupant looking to live in one unit while the other two units pay the mortgage. No inherited leases, no tenant transitions just close and start generating income immediately. Strong rental demand, rising rents, and a centrally located Coachella Valley address make this a compelling opportunity that will not last long.

  • Houzeo last checked: 2 hours ago
  • Listing updated: August 29, 2026 at 6:52 pm
  • Source: California Regional MLS-CA | MLS#: 26636901PS California Regional MLS-CA

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Building
29395 Avenida La Paz
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Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Riverside County

  • City

    Cathedral City

  • Neighborhood

    --

  • Year Built

    1990

  • HOA Fees

    -

  • Finished Area

    4,442 sqft

  • Lot Size

    8,276 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26636901PS

  • MLS Status

    Pending

  • Days on Market

    266

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 7

    Bathrooms: 5

Interior

  • Cooling

    Central Air

  • Heating

    Central

Utilities & Energy

  • Parking Features

    Door Multi, Driveway, Garage

Price History

DateEventPrice

08/27/2026

Source: mls_logoCalifornia Regional MLS-CA #26636901PS

Pending

$850,000

$191/sqft

01/07/2026

Source: mls_logoCalifornia Regional MLS-CA #26636901PS

Listed for Sale

$850,000

$191/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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